Greece, Rochester, NY—14616
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greece, Rochester, NY
As of Oct '25, the median home price in Greece, Rochester, NY is $205,000, with a year-over-year change of 3.9%. This indicates that home prices in Greece, Rochester, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 3.9% |
| Single Family | $205,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 4.3% |
3 Bed | $205,000 | 3.5% |
4 Bed | $247,000 | 3.3% |
| 5 Bed | $294,000 | 2.1% |
% of Housing Stock
Rental Trends — Greece, Rochester, NY
As of July '25, Rentcast reports the average rent in Greece, Rochester, NY is $1,580, with a year-over-year rent change of -16.8%. Per bedroom, the median rent as of July '25 in Greece, Rochester, NY is 1-bedrooms: $1,110, 2-bedrooms: $1,530, 3-bedrooms: $2,350. The most common rental property sizes in Greece, Rochester, NY are 2-bedroom and 1-bedroom, accounting for 44.4% and 37.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,120 | $1,110 |
| 2 Bed Rent | $1,600 | $1,530 |
| 3 Bed Rent | $2,300 | $2,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Greece, Rochester, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Greece, Rochester, NY is 17. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $194,000 | 8.0% |
Listing Count | 66 | 2.0% |
| Listings as % of Homes | 0.1% | 2.0% |
Days on Market | 17 | -8.0% |
Demographics — Greece, Rochester, NY
As of the latest ACS Survey released in 2023, Greece, Rochester, NY has a population of 26,800, which has decreased by -2.8% over the past 5 years. Greece, Rochester, NY is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,800 | -2.8% |
% Under 18 | 25.6% | 17.4% |
% Seniors | 16.1% | -7.5% |
% WFH | 8.1% | 478.6% |
% w/ College Degree | 23.5% | 1.3% |
As of the latest ACS Survey released in 2023, Greece, Rochester, NY is a predominantly white area, with 67.6% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Greece, Rochester, NY is black, making up 13.4% of the population. Foreign-born residents account for 7.8% of the population in Greece, Rochester, NY, and this percentage has increased by 44.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.6% | -12.0% |
% Black | 13.4% | 36.7% |
% Hispanic | 12.3% | 51.9% |
% Asian | 2.7% | 3.8% |
% Foreign Born | 7.8% | 44.4% |
Mortgage and Risk — Greece, Rochester, NY
According to HUD data as of 2023, there were 758 mortgage originations in Greece, Rochester, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Greece, Rochester, NY. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 758 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Greece, Rochester, NY
Greece, Rochester, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 629 |
Total Units Section 8 | 625 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,120 | $1,180 |
| 2 Bedroom | -$130 | $1,600 | $1,470 |
| 3 Bedroom | -$530 | $2,300 | $1,770 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Greece, Rochester, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $205,000 |
| Median Household Income | $62,600 |